Hearing Focuses on Financial Fraud Targeting Senior Citizens
CSPAN February 28, 2017 3:36am-5:26am EST
Witnesses that included a victim of an IRS impersonation scam and federal officials testified at a hearing on financial fraud targeting senior citizens. Some of the schemes involved purported sweepstakes winnings, robocalls to maximize the number of potential victims and so-called "grandparent scams." Among the witnesses were the Treasury Department's Inspector General for Tax Administration and a representative from the Federal Trade Commission's Bureau of Consumer Protection who gave their recommendations for preventing fraudulent abuse against seniors. Also addressing the committee via videotape was a victim of an IRS impersonation scam.